Fox business reporter Charles Gasparino said on social platforms,"Market response to Tim Apple's tariff exemption is expected to be positive; Nasdaq may rise sharply because the exemption also applies to Nvidia and other large technology companies." Sources said that from a political perspective, the move further exposed the weakness of the argument of U.S. Commerce Secretary Lutnik and U.S. Trade Adviser Navarro-that high tariffs and other restrictions can "magically" create jobs at home. If this is the case, why exempt companies that rely most on foreign labor and parts? Investors and CEOs generally agree that the tariff plan is one of the worst policy launches in recent years. They all agreed that we needed a new trade mechanism, and the president's criticism was well-founded. But it requires further research and thoughtful action, most likely after tax cuts and deregulation take effect, and the result is just the opposite."